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Daily Dashboard | FTC settles with companies misleading consumers about Privacy Shield participation Related reading: Global 500 companies to spend $7.8B on GDPR compliance

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The Federal Trade Commission announced three companies have agreed to settle charges related to misleading consumers about their participation in the EU-U.S. Privacy Shield agreement. The FTC alleges human resources software company Decusoft LLC, printing service company Tru Communication Inc., and real estate leasing company Md7 LLC violated the FTC Act by falsely claiming to receive certification of participation in Privacy Shield. The FTC complaints state all three companies failed to complete the Privacy Shield certification process despite the claims. “Today’s actions highlight the FTC’s commitment to aggressively enforce the Privacy Shield frameworks, which are important tools in enabling transatlantic commerce,” Acting FTC Chairman Maureen Ohlhausen said. “Companies that want to benefit from these agreements must keep their promises or we will hold them accountable.”
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